Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$373,635$350,991
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.230%7.400%
Blended rate6.080%7.640%
1st payment$2,196.40$2,430.19
2nd payment$0.00$0.00
Taxes / mo$191.33$191.33
Insurance / mo$150.00$150.00
MI / mo$282.37$70.20
HOA / mo$391.00$391.00
Total monthly$3,211.11$3,232.72
Cash to close$16,355$38,999